Community Bank N.A. Buys 6,035 Shares of BorgWarner Inc. (NYSE:BWA)

Community Bank N.A. lifted its stake in shares of BorgWarner Inc. (NYSE:BWA) by 19.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,775 shares of the auto parts company’s stock after acquiring an additional 6,035 shares during the quarter. Community Bank N.A.’s holdings in BorgWarner were worth $1,318,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of BorgWarner during the 3rd quarter worth about $28,000. Sound Income Strategies LLC acquired a new position in shares of BorgWarner during the 4th quarter worth about $32,000. Bruce G. Allen Investments LLC acquired a new position in shares of BorgWarner during the 4th quarter worth about $33,000. Trust Co. of Vermont lifted its position in shares of BorgWarner by 49,000.0% during the 3rd quarter. Trust Co. of Vermont now owns 982 shares of the auto parts company’s stock worth $40,000 after purchasing an additional 980 shares during the last quarter. Finally, NBC Securities Inc. acquired a new position in shares of BorgWarner during the 3rd quarter worth about $51,000. Institutional investors own 95.67% of the company’s stock.

Insider Transactions at BorgWarner

In other news, VP Stefan Demmerle sold 3,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $33.00, for a total value of $99,000.00. Following the transaction, the vice president now directly owns 249,013 shares in the company, valued at approximately $8,217,429. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other BorgWarner news, CEO Frederic Lissalde sold 225,900 shares of BorgWarner stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $31.08, for a total value of $7,020,972.00. Following the sale, the chief executive officer now owns 455,227 shares of the company’s stock, valued at approximately $14,148,455.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Stefan Demmerle sold 3,000 shares of BorgWarner stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $33.00, for a total value of $99,000.00. Following the completion of the sale, the vice president now directly owns 249,013 shares in the company, valued at approximately $8,217,429. The disclosure for this sale can be found here. Insiders have sold 287,503 shares of company stock worth $9,015,478 in the last three months. Insiders own 0.45% of the company’s stock.

BorgWarner Price Performance

NYSE BWA traded down $0.86 during trading hours on Thursday, reaching $32.79. 737,905 shares of the company’s stock were exchanged, compared to its average volume of 2,834,766. The stock has a market cap of $7.53 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.31. BorgWarner Inc. has a one year low of $29.51 and a one year high of $50.04. The firm has a fifty day moving average of $32.63 and a 200-day moving average of $33.99. The company has a current ratio of 1.65, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Thursday, February 8th. The auto parts company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.03). The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.62 billion. BorgWarner had a net margin of 3.94% and a return on equity of 14.69%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.26 earnings per share. On average, equities research analysts predict that BorgWarner Inc. will post 3.89 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.34%. BorgWarner’s dividend payout ratio is currently 16.48%.

Analyst Ratings Changes

Several equities analysts recently weighed in on BWA shares. StockNews.com cut BorgWarner from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. The Goldman Sachs Group cut their price objective on BorgWarner from $38.00 to $34.00 and set a “neutral” rating for the company in a research report on Friday, February 9th. Robert W. Baird cut BorgWarner from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $45.00 to $39.00 in a research report on Wednesday, January 3rd. TheStreet cut BorgWarner from a “b-” rating to a “c+” rating in a report on Thursday, February 8th. Finally, Wells Fargo & Company cut their price target on BorgWarner from $47.00 to $43.00 and set an “overweight” rating for the company in a report on Friday, February 9th. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, BorgWarner presently has an average rating of “Moderate Buy” and an average price target of $44.30.

BorgWarner Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.